WORLD_ Quad Nations Agree to Cooperate on Building Critical Minerals Resilience

THE EPOCH TIMES 

Quad Nations Agree to Cooperate on Building Critical Minerals Resilience 

The Quad foreign ministers raised concerns over the risks of relying on a single country for processing and refining critical minerals.

Indian External Affairs Minister Subrahmanyam Jaishankar, Australia’s Foreign Minister Penny Wong, Japanese Foreign Minister Takeshi Iwaya and U.S. Secretary of State Marco Rubio stand together at the start of their meeting of the Indo-Pacific Quad at the State Department in Washington on July 1, 2025. Kevin Lamarque/Reuters 

Aldgra Fredly 
7/2/2025|Updated: 7/2/2025 


Foreign ministers from the Quad alliance agreed on July 1 to cooperate on securing and diversifying critical mineral supply chains amid efforts to tackle challenges in the Indo-Pacific region. 

The four-nation bloc—which includes the United States, Australia, Japan, and India—announced the launch of the “Quad Critical Minerals Initiative” following a meeting in Washington. 

In a joint statement, the ministers said the initiative will expand their cooperation on supply chain resilience measures for critical minerals to enhance economic security in the face of growing challenges in the Indo-Pacific. 

They raised concerns over the risks of relying on a single country for processing and refining critical minerals, saying it could lead to economic coercion, price manipulation, and supply chain disruptions. 

China currently holds a dominant position in the global supply chains of critical minerals, supplying 60 percent to 90 percent of the world’s processed minerals. 

“We are deeply concerned about the abrupt constriction and future reliability of key supply chains, specifically for critical minerals,” the ministers said in a joint statement. 

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READ MORE: https://www.theepochtimes.com/world/quad-nations-agree-to-cooperate-on-building-critical-minerals-resilience-5881266?ea_src=frontpage&ea_cnt=a&ea_med=section-1 

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